EU countries approve deal to overhaul farming subsidies

admin

Administrator
Jun 17, 2007
66,216
0
36
49
Canada
European Union countries on Monday gave the green light to reforms of the bloc's huge farming subsidy programme, after a three-year battle over rules to make it greener and support smaller farms. Negotiators representing the EU's 27 countries and European Parliament struck the deal on Friday to reform the Common Agricultural Policy (CAP), which will spend 387 billion euros ($462 billion) on payments to farmers and rural development, roughly a third of the EU's 2021-2027 budget. "This deal is essential to ensure that this CAP enables the transition towards sustainable agriculture," EU agriculture commissioner Janusz Wojciechowski said on Monday, at a meeting where EU agriculture ministers approved the deal.
 
Back
Top